A bill to amend title 11 of the United States Code to require that bankruptcy courts grant relief from stays of acts against perishable commodities held under bailment as property of estates in bankruptcy.

Summary

Amends Federal bankruptcy law to require a bankruptcy court, upon proper request and after a hearing, to allow a creditor to proceed against a debtor (even after a filed bankruptcy petition has stayed other legal proceedings against the debtor) to recover perishable commodities which the debtor holds under a bailment contract.

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Documents

1 official file

• Introduced in House

  summary · EN · 18 March 1981

  Open at official source

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